The Murray Report The Murray Report

The Government’s Financial System Inquiry, announced by Treasurer Joe Hockey late last year and led by former Commonwealth Bank CEO David Murray, was tasked with examining how Australia’s financial system is keeping up to date with the country’s evolving needs and economic growth.

The inquiry canvassed stakeholder views, reviewed policy and regulation with the interim report calling on the Government to create technology-neutral legislation for the financial sector.

iTnews unlocks the findings and the potential impact on technology and legislation.

  • The Government inquiry backs mandatory data breach notifications and pushes for tech-neutral laws.
  • Tiered rules proposed for virtual currencies and mobile wallets.

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